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Relax Or You Will Be Fired

Tyler Durden's picture


It's not just Bank of America that is 'worried' about the health of its junior employees. As Bloomberg BusinessWeek reports, Americans eat at their desks, work longer days, and retire later than their counterparts in most other parts of the world (especially France). But, while the likes of Oprah offer holistic solutions to harness yopur stress, and bosses insist that you take your weekends off (or else), the workload itself is not reduced. Do not fear though as Senator Glenn Grotham is pressing to undo a "goofy" law requiring employers to give workers a day off - "all sorts of people want to work 7 days-a-week," he noted... indeed they do Senator.


As we noted yesterday, Bloomberg Businessweek reports,

Whoa! Hold on there, young banker. Your boss wants you to kick back and stop working so hard. That’s the message from Bank of America (BAC), which just issued a memo advising its analysts and associates to “take a minimum of four weekend days off per month.” (Senior executives presumably know what’s good for them and are welcome to work around the clock.)

This growing pressure to relax isn’t limited to junior bankers trying to get ahead.

In fact, a major source of stress on U.S. workers right now is the onslaught of data about the costs of being so stressed and sleep-deprived. You’re more likely to crash your car, drink too much, blow up in a meeting, divorce your spouse, and fall prey to everything from a cold to a heart attack. Just being around a stressed person, so-called secondhand stress, can leave you feeling more stressed. For most Americans the main source of that stress isn’t their finances or love life or lousy neighbors. It’s their job. More specifically, it’s the workload from their job. (The kind of workload that prompts a Bank of America associate to, say, work over the weekend.)

The challenge is finding a fix that fits into a busy schedule.

While TV pundits love to cast the U.S. as a nation of takers, the reality is that Americans are a pretty hardworking bunch.


They used only 10 of their 14 vacation days in 2013, according to Expedia (EXPE). French workers, in contrast, received and used all 30 of their days. (To be sure, Americans beat the French when it comes to actually working, with unemployment standing at 6.7 percent and 10.9 percent, respectively.) Americans eat at their desks, work longer days, and retire later than their counterparts in most other parts of the world, which might also explain why they’re acknowledged masters in the realm of fast food.


Thus comes the slew of U.S.-style solutions, from Oprah Winfrey’s online Meditation Master Trilogy to Arianna Huffington’s Third Metric tour aimed at tackling “sleep deprivation, burnout, and driving ourselves into the ground.” Harvard Business Review has a guide that promises to “harness stress so that it spurs your productivity.”


There are meditation goggles, Ambien, sleep coaches, and power naps. And, of course, there are the missives that remind eager workers to go home on weekends.

That may prove to be a hard sell if you belong to a generation that’s experienced 70 consecutive months of double-digit unemployment, often with daunting college debts to pay off.

If so, take comfort in knowing elders like State Senator Glenn Grothman (R-Wis.) are on your side.


He’s fighting to undo a “goofy” state law that requires employers to give workers a day off, saying “all sorts of people want to work seven days a week.” You betcha


If the boss insists you take more weekends off without reducing the workload that got you there in the first place, that’s OK.


The minute you hit midnight on Sunday, the workweek can start again.

So the message is clear - Relax! or you're fired... and make sure all your work is done... or you're fired!


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Sat, 01/11/2014 - 14:35 | 4323036 Dollar Bill Hiccup
Dollar Bill Hiccup's picture

Oh the hell with it.



Sat, 01/11/2014 - 15:26 | 4323146 Sudden Debt
Sudden Debt's picture



Sat, 01/11/2014 - 15:35 | 4323161 SoilMyselfRotten
SoilMyselfRotten's picture

"Lots of people like working 7 days a week"

But as for me and the rest of the Senate, 3 works swimmingly

Sat, 01/11/2014 - 15:59 | 4323207 max2205
max2205's picture

Noboby works harder or longer hours than Congress.....right?

Sat, 01/11/2014 - 17:43 | 4323437 in4mayshun
in4mayshun's picture

Yes- if nailing interns is considered part of the work week.

Sat, 01/11/2014 - 19:17 | 4323682 Offthebeach
Offthebeach's picture

You think it was easy being Ted Kennedy, Chris Fradd, Bwarny Fwank?

They gave everything, and, if you use blue light you can still see the spunk stains.( must've taken decades off their lives. )

Oh Ted, were are you now that the Senate needs, the nation needs, nay the world!

Sat, 01/11/2014 - 17:00 | 4323163 SafelyGraze
SafelyGraze's picture

fired? because one's name begins with 'S'?

I feel a little bit singled out

maybe I could polish your boots, sir?


Sat, 01/11/2014 - 19:35 | 4323722 BorisTheBlade
BorisTheBlade's picture

The layoffs will continue until morale improves.

Sat, 01/11/2014 - 14:38 | 4323040 BuddyEffed
BuddyEffed's picture

More time off will allow you more opportunity to sit in centrally planned traffic jams.

Sat, 01/11/2014 - 14:37 | 4323041 ElvisDog
ElvisDog's picture

Second-hand stress? Now I really have heard everything......

Sat, 01/11/2014 - 20:08 | 4323790 Nobody For President
Nobody For President's picture

I don't get stressed - I'm a carrier.

Sat, 01/11/2014 - 14:38 | 4323044 NoWayJose
NoWayJose's picture

Stock prices have gone up for a reason - and that reason is overworking your best people so that you either don't have to hire more workers, or you can let workers go. Does great things for the P/E to get 70 hours of work out of each employee, while paying them for 40.

Sat, 01/11/2014 - 15:17 | 4323124 Skateboarder
Skateboarder's picture

I've written this story once before - might as well share it again for those who didn't see it, newer readers, etc. Once upon an '08 crash, I was passing through NY City for a night. My I-Banker cousin who was a junior analyst for Goldman at the time (boy, these poor fuckers get the biggest dildoes) was staying on Wall St., right across from DoucheBank. Five minute walk to work for him. It was my first time in Manhattan too. Conflicted emotions + claustrophobia from endless skyscraper was my general state of mind. I got in around 9pm, took an expensive cab ride to the front of the Goldman building, and made my call. A few minutes later my cuz showed up. We hugged and chatted on the way to his apartment. I dropped off my stuff and walked out with him, because he didn't have time to kick it. Nope, gotta go back to work man,. That's how it goes.

So off I went exploring Manhattan - took the train and saw midtown and uptown in the night, Times Square (a homeless man was rambling some crazy shit, asking what year it was), all that fun stuff. Even ate some of that famous New York cheesecake at ten bucks a slice.

Back to the apartment at 1am. Cousin's surely gotta be back by now.. Nope. I went back to reading my book (I think it was a Crichton book). 2am... 3am... 4am... 4:30am. He finally shows up! At the end of every night, he eats his cup of yogurt, gives a round of sarc applause to himself (because his life is so great being run into the ground working 17-20hrs a day), and passes out for a couple of hours. Next thing I know, it's 9am and he's gotta go back to work!

"Can we meet up for lunch?"
*look of disappointment and resignation in his face*
"Sorry man..." :(

So I took the ferry to Staten and saw the statue of bigBroSurveillance, took the ferry back, called him up to pick up my shit from his apartment and said bye. He went back to work.

Oh yeah, he was fired a year later by the way, after they juiced the shit out of him.

p.s. don't hate on Skateboarder's cuz. He's a good guy, just like all you good guys in banking/finanace who did your time on Balls St.

Sat, 01/11/2014 - 16:01 | 4323214 Son of Loki
Son of Loki's picture

"I'm sure my employees don't mind re-arranging their desks and schedule so they can accomplish 7 days of work into 3....then they have the other days off. They appreciate just having a job that pays the generous $10/hour."


Biff Throckmorton III, CEO

Thousand Widgets Per Minute, Inc.

Sat, 01/11/2014 - 14:38 | 4323045 Ribeye
Ribeye's picture

poor France, lol:)

what was the name of that tyre fella again?

i like him...

Sat, 01/11/2014 - 15:43 | 4323179 Analyse2
Analyse2's picture


Maurice Taylor:  "You call me an extremist, but most businessmen would agree that I must be nuts to have the idea to spend millions of US dollars to buy a tyre factory in France paying some of the highest wages in the world."

Just a little flaw: Titan, is 20 times smaller than French tyre producer Michelin … and 35 times less profitable.… and 4,200 American companies have operations in France that employ 500,000 people ...



Sat, 01/11/2014 - 15:59 | 4323208 Analyse2
Analyse2's picture

And as France is mentioned:

In 2012 France exported 567 Md $ to compare with the US 1564 Md $ (Source Wikipedia)

Even if it is less than Germany (1460 Md $), it is more than UK (475 Md $)  

And proportionally to the population (65 million versus 312 million) it is a far better ratio than the US, where is the flaw ?


Sat, 01/11/2014 - 16:04 | 4323218 Marco
Marco's picture

The flaw? Their workers should earn less so the Americans have to pay less for their imports of course.

Sat, 01/11/2014 - 16:31 | 4323266 Analyse2
Analyse2's picture


Maybe ;-).

But there probleme is probably elsewhere.

To complete the picture:

The French are justifiably proud of their social model. Health care and pensions are good, many French retire at 60 or younger, five or six weeks of vacation every summer is the norm, and workers with full-time jobs have a 35-hour week (less and less true) and significant protections against layoffs and firings.

But when the French work, they work hard; labor productivity, perhaps the single most important indicator of an economy’s potential, is high (rank: 7)

Large French companies compete globally; there are more French companies in the Fortune 500 than any other European country after UK.

The country retains plenty of strengths. France is the world’s fifth-largest economy, with strong traditions in management, science and innovation. The gap between rich and poor is narrower in France than in most Western countries, although it is growing.

There is nonetheless an underlying understanding that there will be little lasting gain without structural changes to the state-heavy French economy. The warning signs are everywhere: French unemployment and youth unemployment are at record levels; government spending represents nearly 57 percent of gross domestic product, the highest in the euro zone, and is 11 percentage points higher than Germany. The government employs 90 civil servants per 1,000 residents, compared with 50 in Germany.

Here is the main problem.


Sun, 01/12/2014 - 14:02 | 4324865 TBT or not TBT
TBT or not TBT's picture

And then there are the demographics. Only big country in Europe near replacement level, but the composition of the births and deaths means France will be ever less French. Museum city centers ringed by Arab filled tower blocks, with a satellite dish on every balcony trained at psycho tv, does not bode well.

Sun, 01/12/2014 - 16:27 | 4325168 Rafferty
Rafferty's picture

My son works as a chemical engineer for a company here in Ireland.  Although only 30 he gets 48 days holiday a year including bank holidays.  The company seems to do fine....

Sat, 01/11/2014 - 14:40 | 4323048 lolmao500
lolmao500's picture

Putin kicks Obama's ass once again...

Russia throwing Iran lifeline: Negotiating big oil-for-goods deal

Iran and Russia are negotiating an oil-for-goods swap worth $1.5 billion a month that would let Iran lift oil exports substantially, in defiance of Western sanctions that helped force Tehran to agree a preliminary deal to end its nuclear program.

Russian and Iranian sources close to the barter negotiations said final details were in discussion for a deal that would see Moscow buy up to 500,000 barrels a day of Iranian oil in exchange for Russian equipment and goods.

Sat, 01/11/2014 - 14:52 | 4323077 Jack Burton
Jack Burton's picture

Russia has much to gain by cultivating and form of trade that makes an end run around the Dollar System. A deal like this does that. In the Dollar System, the USA draws strength and financial gain from every trade or transaction carried out in the world reserve currency, the dollar.

I think it is hard to overestimate the power that owning and being able to print the earth's one and only reserve currency gives the USA. NATO attitude towards the Russia Federation is openly hostile. In this case, it seems reasonable Putin would seek to aid Iran, and move one step more away from America's global financial system.

America hates Putin because is a smart and stong leader. They loved Yeltsin who was a fool, a drunkard and a bribed traitor to Russia. Yeltsin was bribed by the west to give away the state assets of the USSR to a certain group of people, we know who those people are.

Along comes Putin and retores Russia's control over it's own economy. This did not go over well inside the Washington Beltway, that group thought they could keep rolling Russia, even Putin let himself be rolled a number of times, but now he knows the game the west is playing and he is fighting back. Taking in Snowden, and now working to aid Iran.

Sat, 01/11/2014 - 15:00 | 4323090 Muppet Pimp
Muppet Pimp's picture

Once the Nuclear deal gets signed Iran may get access to dollars for oil.  Dollar beats Russian made good barter (Paper Rock Scissors style bitchez...) any day of the week.  Iran would love to get a hold of some dollars and the US wants a nuke deal and oil. It has to happen eventually, no?

Sat, 01/11/2014 - 16:01 | 4323211 Marco
Marco's picture

Why would they want dollars? They have oil, they don't need to trade with the US ... and holding Euros and Gold as foreign reserves doesn't work that much worse than dollars. They might partipate in the petro-dollar system as protection money (ie. bonds or bombs, their choice) but they certainly don't need dollars.

Sun, 01/12/2014 - 16:32 | 4325178 Rafferty
Rafferty's picture

Russia could crash the dollar any time it wanst by repatriating its vast dollar holdings.

Sat, 01/11/2014 - 14:41 | 4323051 Tim_
Tim_'s picture

LePage revisits child-labor laws

"GOP policymakers in a few states raised the prospect of rolling back laws that prevent children from entering the workforce, and among others, Sen. Mike Lee (R-Utah) argued that federal child-labor laws are unconstitutional."

"But no one seemed quite as enthusiastic about undoing child-labor laws as Maine Gov. Paul LePage (R), who championed a measure in March 2011 that would not only allow kids as young as 12 to get jobs, but would also allow employers to pay children less than the minimum wage."

Sat, 01/11/2014 - 15:03 | 4323102 Muppet Pimp
Muppet Pimp's picture

LOL quoting MSNBC as a source.

Sat, 01/11/2014 - 15:57 | 4323203 WillyGroper
WillyGroper's picture

I believe Newt suggested the same thing for chronically hungry school children.

Cleaning toilets if memory serves.

And coming from an elected teacher of history no less.

Sat, 01/11/2014 - 16:42 | 4323291 Fíréan
Fíréan's picture

When we were young those who were chronically hungry were told to lick the bowl clean  .  .  .

oh, sorry wrong bowl. You were saying ?

Sat, 01/11/2014 - 16:59 | 4323317 Tim_
Tim_'s picture

The Solution to Poverty: Kids Cleaning Toilets?

"At a campaign stop in Iowa Thursday, former speaker Newt Gingrich, making an argument against century-old child labor laws, said: 'Really poor children in really poor neighborhoods have no habits of working and have nobody around them who works ... [s]o they literally have no habit of showing up on Monday. They have no habit of staying all day. They have no habit of 'I do this and you give me cash,' unless it's illegal.'"

Newt: Fire the janitors, hire kids to clean schools

"'You say to somebody, you shouldn't go to work before you're what, 14, 16 years of age, fine. You're totally poor. You're in a school that is failing with a teacher that is failing. I've tried for years to have a very simple model,' he said. 'Most of these schools ought to get rid of the unionized janitors, have one master janitor and pay local students to take care of the school. The kids would actually do work, they would have cash, they would have pride in the schools, they'd begin the process of rising.'"

Sat, 01/11/2014 - 19:27 | 4323708 Offthebeach
Offthebeach's picture

Cleaning toilets.
I do it.
The Horror.
Nurses do civilizations it.
Marines do it.
Space lab astronauts do it.

God forbid some 8th generation wefare moppet join civilization.

Sun, 01/12/2014 - 01:07 | 4324226 StychoKiller
StychoKiller's picture

Hmm, just what the unemployed need, moar competition for lousy minimum wage jobs!

Sat, 01/11/2014 - 14:49 | 4323052 cowdiddly
cowdiddly's picture

And since you senators only seem to want to show up about 180 days a year while the country goes down in flames, lets start the 7 day week with you dear senator.

On second thought, take some more time off, you guys have done enough.

Sun, 01/12/2014 - 14:40 | 4324945 TBT or not TBT
TBT or not TBT's picture

Adopt the constitution of Texas, where the legislature meets only every other year, for a limited session, and the legislators arent paid a living wage for their contributions.

Sat, 01/11/2014 - 14:45 | 4323061 Wilcox1
Wilcox1's picture

Yeah, its obvious the workload is too high.  Seems like anything larger than a mainstreet business is trying to make do with nobody.  two bank tellers at lunchtime on Friday, unbelieveable waits to talk to CSR after navigating the automated phone system.

Sat, 01/11/2014 - 14:56 | 4323082 reader2010
reader2010's picture

since ancient Greek republics,  "work" has been a four-letter-word,  reserved exclusively for slaves. can anyone from the so-called leisure class elaborate? 

Sat, 01/11/2014 - 15:01 | 4323098 Fix It Again Timmy
Fix It Again Timmy's picture

Our representatives and senators when they do arrive in the office on TUESDAY, they spend their MOST of their working hours making arrangements to leave on THURSDAY.  What time is left, is spent PASSING bills WRITTEN and GIVEN to them by LOBBYISTS.  It, indeed, is a hard life.....

Sat, 01/11/2014 - 15:15 | 4323105 KickIce
KickIce's picture

He claims as the lazy bastard heads home on recess at taxpayer expense.

Why don't they suggest a paid recess for us?

Sat, 01/11/2014 - 15:11 | 4323118 no life
no life's picture

I guess they don't realize a simple fact, that as you work the additional hours, you eventually hit a point of diminishing returns to a factor.

Sat, 01/11/2014 - 15:20 | 4323130 tarsubil
tarsubil's picture

Just quit porn, man. You'll have a ton more time on your hands.

Sat, 01/11/2014 - 15:44 | 4323174 IridiumRebel
IridiumRebel's picture

Today is my last day at my overworked job. I do about 50-60 hours a week depending. It's too much. I'm switching careers, again. I'm highly employable, though, so I do a good job when working. My job worked out to be about 10 bucks an hour when all said and done. I'm working lightly and becoming an educator. I have some great connections so I just have to tie some stuff up. Why would I want to work like a dog and then see folks come in to my auto underwriting job for a subprime lender with SSI Checks sitting at home making what I make? I was stressed, never saw my family and had no time for my music. Life is too short. I'm learning how to garden and plan on learning how to refurb antique furniture for sale on craigslist. This is my little way to repudiate the system.

Sat, 01/11/2014 - 15:45 | 4323183 Tinky
Tinky's picture

Soumds like a very smart and healthy transition. Well done.

This is exactly the kind of step that, when taken en masse, has the potential to transform societies.

Sat, 01/11/2014 - 16:15 | 4323242 IridiumRebel
IridiumRebel's picture

First half of my day was helping another worker get vehicles prepped for tax time. Did him a solid. Second half has been reading ZH. I look forward to playing the drums with my daughter tomorrow and making bread for the wife. She's making the financial bread so I play chef for her and have her dinner waiting. She is preggers too so I'll be around for her. Besides having the country be run Into the ground by greedy psychopaths, life is grand! This is why we have savings. The others working around me seem silently forlorn that my egress is hours away! Poor bastards.

Sat, 01/11/2014 - 19:30 | 4323714 shovelhead
shovelhead's picture

Toss some cannabis seeds in with the tomatos.

You'll get a very nice return on your produce.

Sat, 01/11/2014 - 16:08 | 4323220 Son of Loki
Son of Loki's picture

Iridium, the key to a lower work load and income is being extremely frugal ... don't buy crap you don't need. That's my plan and stay out of debt no matter how painful at times. [Ok, food, shelter and some essentials (like a Japanese Love Doll) now and then are ok.]

Sat, 01/11/2014 - 16:11 | 4323233 Skateboarder
Skateboarder's picture

Cheers, IR - good on you for making the right decision. Sanity has no price. Working >40hrs/wk only makes sense if you're working for something/someone worth fighting for. I was lucky enough to be hired by a most excellent small business. The workload can hit 50-60/wk at times and I earn a much lower wage compared to my mid-to-late 20s peers who work for bigCorp and pull in 80-100k doing repetitive bullshit over and over again. However, the knowledge and experience I gain in HW/SW design is invaluable and I continuously get to do new work with some of the nicest people ever.

I wish you the best in your endeavors my friend.

Sat, 01/11/2014 - 16:28 | 4323261 IridiumRebel
IridiumRebel's picture

Thank you sir! I enjoyed your post about your cuz. I did NY for 7 years before moving here to Ohio. It's calm, Light commute, wide open spaces and friendly folks. I just turned 40 so stress is on the chopping block. I'm a pescatarian(non Pacific) now too. I just wanna be healthy and watch my daughter and newborn grow up; the rebel will teach them critical thinking!

Sat, 01/11/2014 - 21:57 | 4323428 Miffed Microbio...
Miffed Microbiologist's picture

So nice to hear your story IR. If I were to do it over again I'd do it your way. Unfortunately in Cali this is very difficult for young families even being extremely frugal. When we had our children in the early 90s we were determined to give them the childhood we both had. The schools in our area were atrocious so we had to go private. Because of the vastly increasing costs we faced and the determination not to go into debt, we both worked two jobs. Yes, we achieved what we wanted but at a great cost in more than money. I wished I could have been a stay at home mom and enjoyed the short time they were children. Looking back, instead of buying a house, we should have bought a trailer on a few arable acres. Instead of expensive Lutheran School ( 200k for 2 kids through 12th grade) we should have home schooled. If we had just thought a bit more creatively it could have been done. This is a great sadness and regret for me. I am heartened you aren't choosing my path and I wish you the best of fortunes.


Sat, 01/11/2014 - 16:50 | 4323304 Caveman93
Caveman93's picture

IR, you sound just like what I have went through in the last 5 years. Wife works, pregnant, no debt, plenty of savings. I too was working 60 hour weeks ...did this for a year and a half. Quit and went back to school and work part-time now. The same wage per hour when calculated. Expecting our first, I do the chores, clean, cook, pay bills and now we don't need to spend on a sitter...I'll be a stay at home father for a bit.


I occasionally have interviews on the telephone but it appears all these "hiring managers" seem to think they have the upper hand on every encounter I have with them. They make idol scary threats of "why should I hire you", "this job is demanding", yada yada. I have been working for over twenty years and am very marketable in many fields of "work". When they get snarky with me and pay comes up in discussion, I simply state you called me and if I am asking too much for my labor I apologize. The conversation is almost always followed up and closed simply by me stating to the hiring manager, "I wish you luck in your search". It blows their minds.

Sun, 01/12/2014 - 01:15 | 4324234 StychoKiller
StychoKiller's picture

My attitude is:  "I was looking for a job when I found this one..."

Sat, 01/11/2014 - 23:06 | 4324104 W74
W74's picture

Ir77 (Rebel): How old are you or thereabouts if you don't want to give out your real age?  I know plenty of young white males who are simply checking out of the system and doing small gigs on the side.  These are guys everwhere from working dead-end retail jobs to a guy who spent a couple years working for T.Rowe Price (crazy high stress, aged the guy 7-10 years) before being downsized.  Again the same topic always comes up: "why should I kill myself working when these Baltimorean welfare scums can drive around in Escalades while I rip my hair out paying for it!?!?!"

Will also note that I made just over $400 on e-bay (after ridiculous fees and shipping took out $50 that I covered) during the month of December and the first time I ever sold anything was the 8th; I don't know how much of that I can attribute to Christmas sales.  Craigslist has always been good to me.  I've done odd jobs and only the stress of wanting to do a good job (which isn't really stress at all, it's what you're supposed to do) was present.  No getting yelled at, not having to worry about tiny tiny mistakes that are fixable anyway, not having to worry about giving the same bland greeting to every customer (people like it when you just shoot the shit with them).  Life is great.  I freelance as a Licensed PI which was far better than the high-stress of working for a company.  I do it the way I want to do it and I'm no longer pissed about some superviser making more than me for a gig that *I* performed and then had to upload pics/vid for and do paperwork for while he just submits it all higher.  My money is my money now.

Sat, 01/11/2014 - 23:25 | 4324132 W74
W74's picture

I'll also note that I get to pick and choose my customers now.  If a job is too too crazy (though I do like crazy) or too far away then I can tell the customer how I'll work it if I choose to at all.  I've also never been screwed over except for once (unlike working for others when your own bosses are constantly ripping off people lower than them on the totem pole; and for what?) and I've recently learned a thing or two about liens (not used yet) and filing with collections agencies who will then ding their credit (and in a debtconomy that's all that matters).  The best paying customers of course are the insurance agencies themselves if you can get 'em and I make sure I do damn good work (because the pay is damn good that the extra effort is worth it).  I used to be a much harder working man (still just as honest which I won't compromise), but that was when I gave a shat about my country and the system I was so blinded to.

Sun, 01/12/2014 - 13:32 | 4324799 IridiumRebel
IridiumRebel's picture

I am 40 and I plan on staying this way for a couple decades.

Sun, 01/12/2014 - 19:34 | 4325537 BigSpruce
BigSpruce's picture

Good decision - best of success. I got the axe this past fall from my corporate job. Like yourself after working my ass off for the company I really only made around  $13 p/hr. Many a week I was putting in 60-70 hrs. It sucked. Now I am self employed. Work 35 hrs p/week and make (after taxes/business costs) 80 % of what I made working for the corporation. Much happier - esp. b/c there is also no douche boss breathing down my neck.

On another note.. the coporation that axed me was just bought by another company whose largest lienholder is Goldman Sucks. I am sure there will be no happy ending.

Sat, 01/11/2014 - 15:48 | 4323185 Marco
Marco's picture

But but ... the life of peons is supposed to only magically improve when regulations are removed ...

Sat, 01/11/2014 - 16:17 | 4323243 rtalcott
rtalcott's picture

Lots of stress and hours for many people but not much useful or valuable work is getting done...

Sat, 01/11/2014 - 16:36 | 4323279 Spigot
Spigot's picture

None of this has to do with actual productivity. It has to do with control. It has to do with breakin' em down and remaking em in your own jackal image. It has to do with creating a cadre of soulless minions who will do anything, just as you direct, without any shred of dissidence or conscience. Essentially, creating their own Orc army.

Sat, 01/11/2014 - 19:36 | 4323727 Offthebeach
Offthebeach's picture

First we came for the old line manufacturers, and I said nothing.
Then we came for the American homeowners and German land banks, and I said nothing.
Then the Squid and Whale went for the savings of the old, the pensions and the hopes and dreams of the yet unborn.
And now they come for me, the loyal serf of the Squid and no one is alive to speak for me.

Sat, 01/11/2014 - 19:40 | 4323734 shovelhead
shovelhead's picture

Very dramatic but inaccurate.

They don't care about you at all, at the worst.

They just want the profits you can produce.

Sat, 01/11/2014 - 16:45 | 4323297 the0ther
the0ther's picture

Roll the guillotines!

Sat, 01/11/2014 - 16:56 | 4323313 BlueCheeseBandit
BlueCheeseBandit's picture

Welcome to the Crony Capitalist plantations of America.

Pick the cotton, you tax donkey motherfuckers!

Sat, 01/11/2014 - 17:14 | 4323357 10mm
10mm's picture

I'd rather work hard on a farm than work for the man. As long as the farm is mine. 

Sat, 01/11/2014 - 17:53 | 4323455 in4mayshun
in4mayshun's picture

The establishment knows that more and more people are going to start rejecting the current paradigm, therefore threatening their hegemony. In turn, it is necessary to start killing us off; hence Fukushima, GMO's etc...

Sat, 01/11/2014 - 18:54 | 4323619 BuddyEffed
BuddyEffed's picture

"The establishment knows that more and more people are going to start rejecting the current paradigm"

More likely the current paradigm is going to start rejecting more and more people. 

Sat, 01/11/2014 - 22:49 | 4324089 W74
W74's picture

Which will be a good thing for those who're rejected.

Sat, 01/11/2014 - 19:09 | 4323609 dexter_morgan
dexter_morgan's picture

Working at doing what and for whom. We don't make anything anymore, so this is service and paper pushing or IT. Physical labor is a stress reducer and we don't do much of that around here anymore. I've worked at places that could give a shit about their employees, and at ones where they are quite protective of their employees. Depends on the folks at the top. In all cases though, if shit has to get done it has to get done.


The stress probably comes more from the debt obligation than the jobs.

Sat, 01/11/2014 - 19:00 | 4323630 Schacht Mat
Schacht Mat's picture

An interesting anecdotal observation.  A longtime friend of mine worked for a profitable company in Canada which was recently (around 2010 I think) acquired by a larger US company - no doubt the benefits of prinitng our own currency and then using these forgeries to acquire foreign assets in a sovereign country that we in the US often regard as we do all Carribean nations; ie: the Soviet Union had Eastern Europe and we pretty much have America north of the equator (minus Cuba plus some of northern South America), to subjugate and exploit.  The senior management was fired and young, rather arrogant Americans (on the fast track) were sent from the US head office to show the locals "how things get done downtown".  The actual result was an order book raid, a transfer of less profitable production to the acquisition, and subsequent continuous exhortations that the acquistion was no longer performing to standard; thus, maintenance and new investment must be cut and management is expected to work "whatever it takes" (workers there are unionized so that discussion will take place at contract time - should be interesting).  Unfortunately, although the "expected" work week there has ballooned from the previous average of about 46 hours to the current 24/7 on call approximation of 58 hours - and climbing, not much more is getting accomplished, as the extra work is pretty much eaten up by "standardized processes" that require US litigation proof quality paperwork for anything more strenous than going to the washroom, and to keep patching that for which there is no longer any maintenance budget to properly address.  Head office high flyers come, scream a bit, and leave feeling accomplishment, while the remaining employees (yes - the attrition there is now significant and climbing, especially amongst those with marketable skills) are essentially being told that "your new glass ceiling is good for you - it means that you are integrating into your new corporate culture - here, have a company shirt". 

As the French say - the current American model of capitalism (OK - they say exploitaiton) is "you have 2 cows, you sell one, and work the other so that it will produce the milt of four cows, and then when the cow drops dead, you hire a consultant to figure out why - finally you call GS to do some financial magic to let you sell the rotting remains to unsuspecting buyers, upon which you get your money back and GS makes a fortune shorting the deal"  Hmmm - maybe the French are right - it sure sounds like exploitation ..

There are things about work efficieny and work/life balance that the Europeans can learn from us, but there is much that we can learn from them (most of their problems are due to Europeans being so much further along the road of financial exploitation then we are - central banking DID start in Europe).

On the other hand, my friend's vocabulary has been increased - he now knows phrases such as "white Mexican", "snow nigger" and "arctic coollie" - deepest apologies from myself to all demeaned by these phrases - including my Canadian friends.  No wonder countries are not exactly excited by our exports ....



Sat, 01/11/2014 - 22:31 | 4324064 Spigot
Spigot's picture

Not that it helps, but they do it to everyone, regardless of race, origin or overall credit score. When you see these motherfuckers coming, its time to blow the bridges and drop trees and avalanches on the overland roads. Then again, there are not too few canadian corporations that behave just as badly, IMO.

Sat, 01/11/2014 - 22:46 | 4324084 W74
W74's picture

Well I'll have to say Schacht, I've met plenty of Sand niggers in my time, and plenty more Baltimore niggers, but what the hell is a Snow nigger?

Sat, 01/11/2014 - 21:48 | 4323997 bugs_
bugs_'s picture

relax! don't do it ... when you want to work.

Sat, 01/11/2014 - 23:11 | 4324113 yrbmegr
yrbmegr's picture

This is about nothing more than relieving employers from the obligation to pay overtime.

Sun, 01/12/2014 - 11:18 | 4324581 CoastalCowboy
CoastalCowboy's picture

Let's see for my case.  At my former corporate job, I was paid a salary that was nice except it was not so nice for chronically working 70 hours a week and never being allowed to take a vacation.  You then add in being on call 24/7/365 or always working from home, and you really start to get hammered hard.  Well, for all of my years of hard work and loyalty(Friggin' joke these days) I get fired in a corporate buy out by a crappy international conglomerate using free Benny Bux to buy up a lot of small companies.  I was redundant, basically.  To further insult me, they keep calling me for months wanting free technical advice for problems they were not able to solve.  I'm actually pretty damn good at what I do too, and I repeatedly told them to go pound sand.

I had high blood pressure, insomnia and heart palpitations during this period.  I was also 50 pounds overweight.

Now, I'm self-employed still on call 24/7/365 doing what I love. My clients all love me as I keep their businesses humming along so they keep making money.  I now have normal blood pressure, no heart palpitations, and I look like I did when I was 18 so I get to pick up women 20 odd years younger than me now.   I could not pick up a stick when I was in corporate hell and an out of shape fat slob.

The biggest difference is that I now have control.  If you work me, you will pay me by the hour.  Salary and overtime are the biggest abuses of the American worker there are.  The fascist cabal keeps loosening the laws to make it more and more legal.

I recently had the pleasure of refusing to take work for a dead beat client who refused to pay me for work( >120 days).  You can't just do that when you're an employee.  The gall of this entitlement minded person calling me on a Saturday too.  I would have immediately went to the aid of one of my paying clients. Instead, I deleted the VM w/o even listening to it. 

The stresses are different now for me, but being more in control helps immensely.  I will never take another salaried job ever again.  Yes, quality time off is most important for our health.  If one drives one's automobile at red line on the tach, the motor gets trashed.  However, in today's throw away employee corporate culture the fat cats get bonuses and the worker gets canned.  The biggest joke is that these megalomaniac sociopathic leaders of these mega corps complain about no employee loyalty these days.

The executives at the smaller companies that I service are very good people who care about thier employees and are struggling hard to make it in this sick Obamacare world.

Sun, 01/12/2014 - 11:37 | 4324607 Chump
Chump's picture

Many congrats for turning things to your advantage.  I'm not always in the position to turn away clients, but I know exactly what you're talking about with deadbeat, entitlement-minded idiots basically demanding free work.  As soon as I hear the words, "why would it possibly cost so much to...[fill in the blank]," I tune out and wish them the best of luck in their future endeavors.  About 75% of the time I get a sheepish call back after they've shopped around, but by then my schedule is filled and my previous estimate is no longer valid.

Working for yourself is definitely worth all the associated bullshit.  Good luck you.

Sun, 01/12/2014 - 20:07 | 4325698 BigSpruce
BigSpruce's picture

A great source of information for getting your business to the point where you can pick and choose your clients can be found in any of the NO B.S. books by Dan Kennedy. His books are well worth the money spent.

Mon, 01/13/2014 - 11:46 | 4327173 Chump
Chump's picture

Thanks for the tip.  I'm still at the infant stages and I'll be checking them out.

Sun, 01/12/2014 - 19:40 | 4325621 BigSpruce
BigSpruce's picture

...."they keep calling me for months wanting free technical advice for problems they were not able to solve." My former corporate employer pulled that shit on me once. I told them they should have thought of that before they got rid of me. They never called again. It was like living out an episode from that sitcom "The Office"  

Sun, 01/12/2014 - 12:26 | 4324662 Vooter
Vooter's picture

And so many people here still hate unions. Too funny...

Sun, 01/12/2014 - 12:42 | 4324694 pacboot
pacboot's picture

How 'bout option "B", where I work zero days, the lollipops get up and pull the oars for me, and I collect my "benefits".  Grotham is an ass.

Sun, 01/12/2014 - 13:40 | 4324811 MeBizarro
MeBizarro's picture

Always utterly baffled on here by the insistence that a liberterian world without gov't rules would largely be a pleasant experience for most workers or that individual workers would somehow have negiotating clout most/majority of the time yet complain about these kind of stories.

A world where private labor doesn't have any organizing clout and is playing against a legislative system that has been increasingly stacked against them in the private sector will result in these type of stories.  It is the American way basically.

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